This ground-breaking book explores the points of convergence between corporate capitalism and terrorist practice. Assessing the increase in the number of terrorist attacks directed against commercial entities in urban areas, such as the Westgate mall in Nairobi or the Charlie Hebdo offices in...

In this paper, I attempt to provide a comprehensive demonstration that,contrary to popular opinion, there is nothing inherent in defense that makes it belong to the category of common goods, thus indicating that its effective provision does not require the existence of a territorial monopoly of...

Should organizers of events, such as sport games or concerts, share the costs of maintaining public order in connection to the events? This question has been hotly debated in many countries, especially in connection to soccer hooliganism. Critics argue that organizers should do more to combat...

This paper analyzes private precautions against crime when the value of the property to be protected is private information. In a framework in which potential criminals can choose between different crime opportunities, we establish that decentralized decision-making by potential victims may lead...

This paper attempts to investigate the impact of sectoral wage laws in South Africa. Specifically, we examine the impact of minimum wage laws promulgated in the Retail, Domestic work, Forestry, Security, and Taxi sectors using 15 waves of biannual Labour Force Survey data for the 2000–2007...

This paper estimates the effect of piracy attacks on shipping costs using a unique data set on shipping contracts in the dry bulk market. We look at shipping routes whose shortest path exposes them to piracy attacks and find that the increase in attacks in 2008 lead to around a ten percent...

This paper estimates the effect of piracy attacks on shipping costs using a unique data set on shipping contracts in the dry bulk market. We look at shipping routes whose shortest path exposes them to piracy attacks and find that the increase in attacks in 2008 lead to around a ten percent...

This paper analyzes private precautions against crime when the value of the property to be protected is private information. Within a framework in which potential criminals can choose between various crime opportunities, we establish that decentralized decision-making by potential victims may...

"The Māori economy is often defined simply by the contributions of Māori in New Zealand in the areas of farming, fisheries and forestry. This book explores the ways that Māori in the privatised military industry contribute in monetary and non-monetary ways to the Māori economy. Workers in...

Licensing requirements for US private security firms and guards differ substantially from state to state. State regulatory institutions for this industry also vary considerably. Some states have specialized regulatory boards with industry personnel (guards, firm owners) and/or public police as...

In a high-crime environment with many high-income citizens, private security companies which offer protection against crime can flourish. In this article crime is modelled as a game where richer victims yield a higher return on crime, but with decreasing returns to crime as more criminals choose...

Private individuals and entities invest in a wide variety of market-provisioned self-protection devices or services to mitigate their probability of victimization to crime. However, evaluating the effect of such private security measures remains understudied in the economics of crime literature....

Private Military and Security Companies (PMSCs) have increasingly received attention from International Relations scholars. While most of the research has thus far been conducted with the aim to define the actor, assess the consequences of the services they perform for states’ monopoly over...

Private individuals and entities invest in a wide variety of market-provisioned self-protection devices or services to mitigate their probability of victimization to crime. However, evaluating the effect of such private security measures remains understudied in the economics of crime literature....